Entire Financial System Headed for Massive Transition: 'BlackRock's Larry Fink Is Right' – Nazarov

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Sergey Nazarov, Co-Founder of Chainlink, who says that all transactions will eventually be on the blockchain. Nazarov points out that being on blockchain will be as important as being on the Internet, adding that the market for on-chain assets is in the hundreds of trillions of dollars. Nazarov discusses tokenization's future, smart contracts, and the potential for decentralized finance (DeFi) to transform traditional financial systems. Nazarov also comments on Ether spot ETFs and predicts where the cryptocurrency space will be in the next three years.

#blockchain #crypto #tokenization #rwa #investing

00:00 Introduction: Blockchain
03:04 Understanding Chainlink
04:31 The Power of Smart Contracts
07:09 Tokenization Explained
13:38 Ownership in the Blockchain Era
19:07 Winners and Losers
33:24 Regulatory Frameworks and Adoption
34:58 Investment Strategies for Retail Investors
36:49 Political Influence on Crypto Regulation
40:28 Spot Crypto ETFs
42:52 Macro Forces
48:02 Central Banks
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Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.

[rokdokgabba]

This is gem of an interview - packed with insights into the nuts and bolts of the financial system. Sergey's grasp of the system and his ability to verbalise is special. I now have a clearer idea of why smart contracts on the blockchain is a revolutionary development. Great show Michelle & Kitco!

[altondrew]

Sergey Nazarov is an excellent guest. Love the way he presents and explains things.

[ElectricCult]

_"'BlackRock's Larry Fink Is Right"_ Of course he is, he works directly with the Bleep State.

[makirichi]

Such a clear and articulate conversation here and as usual I bring something with me that sticks in my overall knowledge and adoption of digital monetization. Thx so much for your quality content 🎉

[turkrane]

Larry Fink needs a chain link on his jail cell

[HoneyBadger]

Link is the rails the trains will run upon.

[luke-mcdt]

This gentleman has a very "good" mind.
One of the best I have seen.

[theeconomicrevolutionist]

If you don't hold it, you don't own it. The danger of a complete digital system. Third party risk is way too high for me.

[GabbyMJ-mdrs]

The crypto market has been unfavorable for months and I keep losing my money selling-off during dips, I'm very scared of holding right now, how do you guys still make so much….?

[phoxxmusic]

Learned a lot from this interview. Thanks! 🥰

[danstinson]

Tokenization = Big Brother knows everything you own and will be able to control it.

[tobias]

Fink is right only because he is creating it.

[myfabuloustortoiselife]

The key thing this man said was that the first phase of tokenization was the tokenization of crypto tokens and the next stage would be financial assets. This maybe why crypto is such a big topic amongst election candidates to give this one final boost for adoption hence why memes are so popular. The next cycle may look real different from this one .

[DrSalzaruloNYC]

Sergey is amazing - so smart and centered and positive. Every time I listen to him I want to buy more chainlink!!!

[kirkx]

He's a very intelligent and well spoken guest who breaks down a very complex topic. I'm buying chainlink!

[fabuloushostess]

God bless you for still interviewing him after he showed up looking like he is going to a barbecue party. You truly are a forgiving woman Michelle.

[kjchronister]

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Francine Duguay's, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[brianx]

How many block chains are there? And how will each be able to communicate with each other? Should there be a blockchain standard that enables this?

[darwel]

Young men are leading the world to a new financial system. Warren Buffett is so proud!

[peterbarbati]

I'm hearing some poop here (not from the host). The problem regarding a secure ownership of assets is not the medium (paper ledger, block chain ledger) but the laws regarding the medium. Does anyone really believe large institutions will not push legislation giving them the same right to claim ownership of goods that already exist?